Answer:
The price of the bond is 1,072.19
Explanation:
The price at which the bond trades for can be computed using the pv formula in excel which tries to discount to present value all the cash inflows receivable from the bond into today's present worth.
=-pv(rate,nper,pmt,fv)
rate is the yield to maturity of 6.50% divided by 2 since the bond pays interest semi-annually i.e 3.25%
nper is the number of coupon payments the bond would pay which is 7 years multiplied by 2 i.e 14
pmt is the semi-annual interest of the bond which is $1000*7.8%/2=$39
the fv is the face value of the bond of $1000
=-pv(6.5%/2,14,39,1000)=$1,072.19
If jack does not accept the $100,000 there is a valid contract for the sales business, with out a non competition clause.
<span>In the early days of it, the cio would report to the ____ as it was seen as a way to control costs. as technology has become more strategic and able to deliver a competitive advantage, cios now report directly to the ____.</span><span>
CFO; CEO</span>
Answer:
The NPV of this investment is $64,581.75
Explanation:
Hi, we need to discount to present value all the future cash flows, the formula to use is as follows:
Where
NPV = Net Present Value
CF = The cash flow stated in the problem by year
r= discount rate (in our case, 0.08 or 8%)
Now, let´s solve this.
So, the net present value of this project is $64,581.75
Best of luck.
Answer:
False
Explanation:
Credentials are an official verification, from an accredited source, attesting to capability. Credentials are an official verification, from an accredited source, attesting to capability.
